Cambodia's apparel exports to Japan grow; reach $403 mn in Jan-Apr

20 Jun '23

2 min read

Pic: Shutterstock.com

Insights

Despite slower global demand, Cambodia's apparel exports to Japan grew to $403.998 million in the first four months of 2023, slightly up from $398.021 million in the same period last year.
Japan was the second-largest market for Cambodian apparel exports, while the US was the largest, contributing to Cambodia's total export value of $2,807.546 million.

Cambodia's apparel exports to Japan reached $403.998 million in the first four months of the current year, managing to maintain growth in the face of slower global demand. In comparison, the country's apparel exports for the same period in the previous year amounted to $1,201.698 million.

From January to March 2023, Cambodia exported $334.185 million worth of apparel, compared to $280.554 million in October-December 2022 and $237.491 million in January-March 2022. In the latter half of 2022, the exports were valued at $380.611 million in July-September and $237.491 million in April-June, as per data from Fibre2Fashion's market insight tool TexPro.

Earlier, outbound shipments were reported at $1,105.338 million in 2021, $1,043.171 million in 2020, and $1,147.483 million in 2019.

Japan was the second-largest market for Cambodia's apparel exports during January-April 2023, accounting for 14.39% of the total export value. The largest market was the US, receiving 26.50% of Cambodia's apparel exports. Overall, the total value of Cambodia's apparel exports during the reviewed period was $2,807.546 million, as per TexPro.

Despite the current global economic challenges, Cambodia has succeeded in maintaining its export growth to Japan. In the first four months of the year, exports slightly increased to $403.998 million, compared to $398.021 million during the same period in the previous year.

Fibre2Fashion News Desk (KUL)

More Apparel/Garments News - Global...

This according to Fibre2Fashion's Market Intelligence Tool - TexPro